European stocks fell to a three- month low as Greek Prime Minister George Papandreou said he will reshuffle his cabinet and seek a confidence vote. U.S. futures and Asian shares dropped.
BusinessWeek.com — Finance
Data compiled by Bloomberg show that only 5.1 percent of analyst ratings are "sells," and even fewer turn out to be correct in timing a stock’s fall
BusinessWeek.com — Finance
Greece’s budget deficit is forecast to exceed the limit under a European Union-led bailout, reinforcing calls for a new rescue package to stave off default as EU finance ministers prepare to meet next week.
BusinessWeek.com — Finance
Citigroup Inc. Chief Executive Officer Vikram Pandit said China’s constraints on sending capital abroad are driving prices higher in the world’s most populous country.
BusinessWeek.com — Finance
China’s vice premier, leading annual economic talks with the U.S., signaled internal divisions over his government’s pledge to reduce reliance on overseas demand as the nation posted a wider trade surplus led by record exports.
BusinessWeek.com — Finance
China’s vice premier, leading annual economic talks with the U.S., signaled internal divisions over his government’s pledge to reduce reliance on overseas demand as the nation posted a wider trade surplus led by record exports.
BusinessWeek.com — Finance
Berkshire Hathaway Inc. Chief Executive Officer Warren Buffett, preparing the firm for his eventual departure, criticized former manager David Sokol for a stock deal while lauding the integrity of a CEO candidate.
BusinessWeek.com — Finance
The Independent Commission on Banking recommended the U.K.’s biggest banks boost capital, implement plans for an orderly bankruptcy and ring-fence consumer units in what it termed “moderate” proposals.
BusinessWeek.com — Finance